If selling price is $2.08 and cost is $1.60, what is the price/cost ratio?
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If selling price is $2.08 and cost is $1.60, what is the price/cost ratio?
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- What does the selling price 117 1/4 mean? How do you interpret this number?Write the formula of the Price to Book Value Ratio and explain how a result of 2 should be interpreted.Markup is: Group of answer choices Selling price - cost Selling price divided by cost Selling price + cost Selling price × (1 + cost)
- Discuss some financial variables that affect the price-earning ratio. (250 words)Is the cost of sales under weighted average always greater than the cost of sales in FIFO?Which of the following ratios indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit? a. costs and expenses ratio b. contribution margin ratio c. margin of safety ratio d. profit ratio
- What does the price earning ratio indicate?Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2021: Sales quantity Unit selling price Unit variable costs Fixed costs 2,200 barrels $75 per barrel $45 per barrel $18,480Is it always higher in cost of goods sold in Weighted average compared to FIFO?
- Profit volume ratio is used for the calculation of: Select one: O a. Profit at given sales O b. Breakeven point O c. Profit when margin of safety is given O d. For all options providedHow do you calculate the markup on cost of goods sold? Is the markup pure profit? Explain.Whirly has the following information for 2015. They sell Flying Carpets. Sales Contribution Margin Net Income 1. Complete a table for Whirly. Total $400,000 $150,000 $15,000 CVP and BEP Quantity 10,000 Flying Carpets Per Unit Ratio To Sales